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20130113
20130121
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? how partisian politics are affecting legislation on capitol hill. the economy according to ben bernanke - what the fed chair has to say about the state of the country's finances. and, how automakers are setting a new pace for competition. plus, traders who are sweet and sour on apple. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's tuesday, january 15th. in today's first look: as facebook makes its big reveal on its new product today, shares briefly climbed above $32 yesterday. bloomberg news reports dell is in talks to end its trading days and go private. federal regulators order jp morgan chase to improve its risk management after losing billions in trading last year. and american airlines bond holders meet today to weigh in on whether the airline should merge with u.s. airways. ira epstein of the linn group joins us now. always a pleasure to have you on the show. what is going on with the market? it is so resilient. where is all this money coming from ira? > > think about
prices and the german economy. australian vitamin and supplement maker swisse vitamins is crossing the pacific pond. the privately-held company will set up its north american headquarters in chicago and start selling its most popular products in walgreens stores starting february 1st. rite aid and target stores will start selling the products in april. the company's ceo says the products it sells will be manufactured in utah and florida. swisse vitamins is positioning itself as a premium product and intends to price its products 5-10% above competitors such as pfizer and bayer. the nation's largest retailer is reaching out to men and women in the service. wal-mart is offering a job to every veteran who honorably left the military in the past year. the program will continue for 5 years and is expected to provide work for more than 100,000 veterans. additionally, the retailer is committing to buying an additional $50 billion of u.s.- made products in the next 10 years. the government of japan joins the u.s. government in investigating boeing's 787 dreamliner. the probe is to uncover
in line with expectations, but the outlook fell short. and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying to get to that level. yesterday morning we had big boxcar earnings from j.p. morgan and goldman sachs. that was not enough to propel the markets through those levels. i think the market anticipated a lot of this good news ahead of time. so i think we are going to languish around here. you can see by the falling volatility and the complacent markets that we are probably a little ways away from pushing through that level. > what about citigroup and bank of america, which are now going to report in? > > i think those earnings will probably be just like j
Search Results 0 to 2 of about 3